Delta Air Lines October traffic up 0.3%

MelodieWarner

Delta Air Lines Inc.
DAL, +0.70%
reported its October system traffic improved 0.3% despite the cancellation of more than 3,500 flights for Hurricane Sandy.

The nation's second-largest carrier by traffic estimates the storm reduced its October revenue by $45 million and cut its monthly profit by about $20 million.

Delta said its operations at the John F. Kennedy International and Newark Liberty International airports are close to full schedule and it was operating at 80% of its normal schedule at LaGuardia airport, as of Thursday. The company expects to fly a full schedule at LaGuardia on Friday.

October system capacity fell 1.8%, and Delta said Sandy contributed to a 2% system capacity reduction. Load factor--or the percentage of seats filled--rose to 84.6% in October from 82.8% a year earlier.

Delta also said its completion factor was 98% last month and 85.5% of flights arrived on time.

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